which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting …

The paper examines the relationship between managerial share ownership and firm performance for British stock … ownership and performance. We also argue that the use of conventional accounting and market-based performance measures can be … performance measure to Tobin’s Q and ROE. Our results indicate that relationships between managerial share ownership and corporate …

companies to evaluate the consequences of the corporate governance changes on operational performance. Our analysis shows … significant positive abnormal growth in several performance ratios for the private period of our sample companies relative to … comparable public companies. These performance differences come from the increase in ownership concentration after the leveraged …